About Lightnet
Lightnet is a company based in Huai Khwang (Thailand) founded in 2018 by Tom Sudchai and Chatchaval Jiaravanon. Lightnet has raised $81.2 million across 3 funding rounds from investors including HashKey Exchange, Seven Bank and Uni-President. Lightnet offers products and services including Global Payment Solution, Digital Wallet, and Multi-Currencies Account. Lightnet operates in a competitive market with competitors including TerraPay, Rapyd, Kadmos, TransferTo and Streami, among others.
- Headquarter Huai Khwang, Thailand
- Founders Tom Sudchai, Chatchaval Jiaravanon
- SectorsFinancial Services
- Website lightnet.io
- Social LinkedIn X
- Legal Name Lightnet (Thailand) Company Limited
- Annual Revenue$840.57 K (USD)0as on Dec 31, 2020
- Net Profit-$1.44 M (USD)0as on Dec 31, 2020
- Total Equity Funding$81.2M (USD)
in 3 rounds
- InvestorsHashKey Exchange
& 9 more
Products & Services of Lightnet
Lightnet offers a comprehensive portfolio of products and services, including Global Payment Solution, Digital Wallet, and Multi-Currencies Account.
Enables transfers between cards, wallets, and bank accounts globally.
Facilitates cross-border remittances and virtual bank accounts securely.
Manages exchange rates via intuitive dashboard for international transactions.
Funding Insights of Lightnet
Lightnet has successfully raised a total of $81.2M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $81.2M
- Total Rounds 3
- First Round $31.2M
(Jan 2020)
- Investors Count 10
All 3 funding rounds of Lightnet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | – | Series B | – | Raffles | – |
| Aug 2022 | $50M | Series B | – | LDA | – |
| Jan 2020 | $31.2M | Series A | – | Seven Bank, Hanwha |
10 investors in total: 10 institutional.
Investors in Lightnet
Lightnet has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include HashKey Exchange, Seven Bank and Uni-President.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | rafflesgroup.co | - | |
Alternative investment solutions are offered to high-growth businesses globally. | 2018 | ldacap.com | - | |
Limited information is provided about UOB Venture Management. | – | uobvm.com.sg | Singapore, Singapore | |
Growth capital and venture funding are provided by Hopeshine Capital. | – | hopeshinecapital.com | Singapore, Singapore | |
Cryptocurrency and tech-related companies are invested in by Du Capital. | – | du.capital | Singapore, Singapore | |
Blockchain startups are funded through venture capital investments. | – | signum.capital | Singapore, Singapore | |
Provider of ATM banking services and various financial products | 2001 | sevenbank.co.jp | Tokyo, Japan | |
Manufacturer of solar cells, modules, and other related components | 1952 | hanwha.com | Seoul, South Korea | |
Dairy products, beverages, snacks, and instant noodles are produced. | 1967 | uni-president.com | Tainan, Taiwan | |
A platform for safe and simple cryptocurrency trading is provided. | 2018 | hashkey.com | Hong Kong, China |
Investor details for Lightnet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Lightnet
24 people are tracked at Lightnet (14 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Tom Sudchai | Co-Founder & CEO | Leadership |
Chatchaval Jiaravanon | Co-Founder & Chairman | Leadership |
Terry Tan | Investor | Leadership |
K. Premmananth | Managing Director - Global Commercial | Leadership |
Karan Singh | Director, Global Finance & Strategy | Leadership |
Carmen L. | Head of Payment Operations | Leadership |
Jakrapong (Bank) Pandech | CTO | Head Of Engineering | Product | Technology | Solution | Innovation | Leadership |
Chaval (Richie) Jiaravanon | Director | Leadership |
Nilesh Kumar | Director - Global Commercial | Leadership |
Ajay George | Director - Business Development Middle East And Africa | Leadership |
Tridbodi A. | Co-founder, Vice Chairman and Group CEO | Leadership |
Naushad Hussain | Group Chief Operating Officer | Leadership |
Juno Pavu | Regional Director - MEA | Leadership |
Kunal Sachdev | Head Of Legal, Risk and Compliance | Leadership |
O Bhongsvej | Senior Marketing Manager | Team |
Veron Wj Bd | Consultant | Team |
Jaturiya W. | Account Management and Partnerships | Team |
Kelissa Loh | Senior Compliance Officer | Team |
Savatechai V. | Senior Software Engineer specialist | Team |
Pathawee Charoensri | Software Engineer Team Lead | Team |
4 more people are available in the full profile.
Complete people profiles for Lightnet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Lightnet
3 dated milestones of Lightnet across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Lightnet is founded.
- Funding First funding round of $31.2M.
- Funding Latest funding round, Series B,.
Competitors of Lightnet
Lightnet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TerraPay, Rapyd, Kadmos, TransferTo and Streami, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| terrapay.com | 2014 | Amsterdam, Netherlands | $100M | 441 | Cross-border money transfers are enabled by omnichannel payment solutions. | |
| rapyd.net | 2016 | London, United Kingdom | $1.26B | – | Global payment solutions are provided by Rapyd to businesses worldwide. | |
| kadmos.io | 2021 | Berlin, Germany | $38.93M | – | Cross-border payroll solutions are provided for global migrant workers. | |
| transfer-to.com | 2005 | San Francisco, United States | $3M | – | International airtime remittances are facilitated via global mobile networks. | |
| streami.co | 2015 | Seoul, South Korea | $2M | – | A cryptocurrency exchange is facilitated via blockchain and financial partnerships. | |
| opustechglobal.com | 1997 | Alpharetta, United States | – | 383 | Cross-border payments are processed via AI-enabled omnichannel networks. | |
| wameja.com | 1997 | Sydney, Australia | – | – | Network for cross-border transfer settlements | |
| coalapay.org | 2021 | San Francisco, United States | $3.5M | – | Payment infrastructure is provided for cross-border transfers and grants management. | |
| withmoment.com | 2022 | New York, United States | $17M | – | Fixed income API is offered to fintech for investing tools. |
Detailed competitors of Lightnet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Lightnet
The website of Lightnet (lightnet.io) receives about 2.3K visits a month.
- Monthly visits2.3K
▼ 1.5% vs previous month
Latest news on Lightnet
Complete news archive for Lightnet
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Lightnet
10 companies that operate in the same segment as Lightnet (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.06 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Lightnet
Lightnet was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Lightnet is headquartered in Huai Khwang, Thailand. It is registered at Huai Khwang, Bangkok, Thailand.
Tom Sudchai is the current CEO of Lightnet. They have also founded this company.
Lightnet is a funded company, having raised a total of $81.2M across 3 funding rounds to date. The company's 1st funding round was a Series A of $31.2M, raised on Jan 2020.
Annual revenue of Lightnet is $840.57K as on Dec 31, 2020.
Lightnet was founded in 2018 and is headquartered in Huai Khwang, Thailand. Decentralized blockchain solutions are offered by the company for cross-border remittances, primarily through cryptocurrencies and the Velo protocol. Underbanked populations are targeted with these services, enabling efficient transactions in the fintech sector. Operations focus on secure, low-cost transfers across international borders.
Lightnet offers Global Payment Solution, Digital Wallet, and Multi-Currencies Account.
Lightnet has 10 investors. Key investors include HashKey Exchange, Seven Bank, Uni-President, Hanwha, and Raffles.
Lightnet operates through Lightnet (Thailand) Company Limited.